Consider the following set of dependent and independent variables. The variable x3 is qualitative with M =
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Consider the following set of dependent and independent variables. The variable x3 is qualitative with M = Male and F = Female. The quantitative data for this problem can be found in the Excel file Prob 1534.xlsx.
a. Using PHStat, construct a regression model using all three independent variables.
b. Interpret the meaning of each of the regression coefficients.
Transcribed Image Text:
10 1 15 15 20 24 27 32 11 2 5 5 9 7 16 20 12 16 10 13 10 2 8 74 x M MFFFM F F
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a Create the dummy variable x3 which equals 1 for male a...View the full answer
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